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LA OPALA RG
PE (Price/Earnings) Ratio

The Current P/E Ratio of LA OPALA RG is 30.30.

Share Price ₹315.4Nov 22,2024
Market Cap ₹3,500.4 Cr
Earnings-TTM₹115.5 CrTTM-Standalone Results
Price/Earnings30.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LA OPALA RG

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of LA OPALA RG is calculated as :

Current Market Cap [ ₹3,500.4 Cr] as on Nov 22,2024

(/) Earnings [ ₹115.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 30.30x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for LA OPALA RG , the investors are currently willing to pay 30.30 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of LA OPALA RG !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of LA OPALA RG over the last five years.

Historical PE (Price/Earnings) ratio chart of LA OPALA RG


PE Ratio Performance Analysis for LA OPALA RG

- LA OPALA RG 's latest p/e ratio is 30.30x.

- LA OPALA RG 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.95x.

- LA OPALA RG 's operated at median p/e ratio of 30.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LA OPALA RG 's p/e ratio peaked in Mar2021 at 49.62x.

- LA OPALA RG 's p/e ratio hit its five-year low in Mar2020 of 19.67x.


How does LA OPALA RG 's P/E Ratio benchmark against top 10 peers in Glass Industry?

Peer Comparison (Glass Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LA OPALA RG 115.5430.303,500.4
ASAHI INDIA GLASS LTD305.9951.2115,670.8
BOROSIL RENEWABLES LTD-96.63-57.925,597.5
HALDYN GLASS LTD18.8744.15832.9
EMPIRE INDUSTRIES LTD42.3214.09596.1
SEJAL GLASS LTD5.33101.08538.3
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD69.952.96206.9

Glass Industry Benchmark (Top 10) PE Analysis vs LA OPALA RG 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -57.92x
Max industry PE 101.08x
Median industry PE 30.30x
Average industry PE 26.55x



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